{ "ticker": { "uuid": "598fefad-ba72-47dd-89e6-ee090c9b182e", "symbol": "300635", "name": "SinoDaan Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.543, "architecture_energy": 49.867, "architecture_maturity": 32.423, "architecture_confidence": 85.8, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.67, "rotation_up": 16.99, "upward_expansion": 7.07, "deceleration": 55.19, "rotation_down": 61.68, "downward_expansion": 80.41 }, "activity_lines": [ 10.892, 11.214364, 12.313714, 12.808903 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11.61, "trend_reference": 13.544667, "distance_from_trend": -0.142836, "trend_direction": "Weakening", "fair_value": 11.784314, "distance_from_fair_value": -0.014792, "fair_value_direction": "Weakening", "relative_strength": -21.333558, "relative_strength_direction": "Weakening", "price_momentum": -0.177179, "excess_performance": -0.184579, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.142836, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.097764, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.014792, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.329564, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.213336, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.122498, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.177179, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.909841, "read": "Supply-led" } ], "volume": { "latest": 24370550, "relative_activity": 0.988714, "balance": 0.909841, "dry_up": 1.41793, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.127344, "annualized_volatility": 0.448582, "from_high_reference": -0.384411, "from_low_reference": 0.308906 }, "levels": { "trend_reference": 13.544667, "fair_value_reference": 11.784314, "structural_low": 8.87, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.003009, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.015136, "regime_survival": 0.75, "best_return": 0.278646, "worst_return": -0.216374, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.009334, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.049063, "regime_survival": 0.454545, "best_return": 0.532432, "worst_return": -0.249255, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.006516, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.084791, "regime_survival": 0.142857, "best_return": 0.551541, "worst_return": -0.410981, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.049474, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": 0.034388, "regime_survival": 0.25, "best_return": 0.566419, "worst_return": -0.279646, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.071658, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-18", "tenure": "Developing", "return": -0.050403, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.062699, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.051707, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.127737, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-10-17", "tenure": "Established", "return": 0.175214, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": 0.025342, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-12-26", "tenure": "Developing", "return": -0.045646, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.112913, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.035311, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-05-08", "tenure": "Developing", "return": 0.174962, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": -0.12918, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.021108, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.479388, "volume": 79788089, "typical_volume": 12371068.7, "trend": 13.396828, "fair_value": 17.41267, "relative_strength": 15.117385, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.584691, "energy": 56.516339, "activity_lines": [ 14.0939, 13.734802, 13.412094, 13.423674 ] }, { "date": "2023-08-04", "close": 14.191104, "volume": 72716947, "typical_volume": 15401765.05, "trend": 13.449092, "fair_value": 17.345644, "relative_strength": 4.481572, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.980484, "energy": 52.525334, "activity_lines": [ 14.212409, 13.86245, 13.496695, 13.474918 ] }, { "date": "2023-08-11", "close": 13.731715, "volume": 35968372, "typical_volume": 16726800.65, "trend": 13.473393, "fair_value": 17.272863, "relative_strength": 5.297188, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.772124, "energy": 47.807771, "activity_lines": [ 14.139173, 13.881516, 13.53745, 13.493151 ] }, { "date": "2023-08-18", "close": 13.711741, "volume": 21451150, "typical_volume": 17392878.15, "trend": 13.499691, "fair_value": 17.201359, "relative_strength": 8.618847, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.218947, "energy": 41.014331, "activity_lines": [ 14.026656, 13.885329, 13.576826, 13.508529 ] }, { "date": "2023-08-25", "close": 14.66048, "volume": 34263257, "typical_volume": 18826436.0, "trend": 13.546962, "fair_value": 17.136639, "relative_strength": 19.585981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.177741, "energy": 30.368422, "activity_lines": [ 14.21374, 14.053832, 13.704276, 13.583418 ] }, { "date": "2023-09-01", "close": 13.541968, "volume": 65066692, "typical_volume": 21702114.45, "trend": 13.54796, "fair_value": 17.070879, "relative_strength": 6.854074, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.595204, "energy": 15.527986, "activity_lines": [ 13.942768, 13.995183, 13.717687, 13.583096 ] }, { "date": "2023-09-08", "close": 13.222393, "volume": 25875940, "typical_volume": 22631888.9, "trend": 13.525989, "fair_value": 17.001347, "relative_strength": 5.995339, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.756232, "energy": 10.792745, "activity_lines": [ 13.694432, 13.871711, 13.697523, 13.562092 ] }, { "date": "2023-09-15", "close": 12.852885, "volume": 15167706, "typical_volume": 22890072.7, "trend": 13.497694, "fair_value": 16.930341, "relative_strength": 4.368842, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.352064, "energy": 8.894886, "activity_lines": [ 13.387507, 13.688137, 13.636889, 13.518666 ] }, { "date": "2023-09-22", "close": 13.002687, "volume": 7959700, "typical_volume": 23063549.6, "trend": 13.476389, "fair_value": 16.869363, "relative_strength": 5.082201, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.91501, "energy": 18.076576, "activity_lines": [ 13.189105, 13.538881, 13.589857, 13.48673 ] }, { "date": "2023-09-29", "close": 13.302287, "volume": 9036020, "typical_volume": 22975357.5, "trend": 13.434445, "fair_value": 16.807751, "relative_strength": 8.027579, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.826098, "energy": 17.530074, "activity_lines": [ 13.137839, 13.452451, 13.57112, 13.475497 ] }, { "date": "2023-10-13", "close": 12.473391, "volume": 11668658, "typical_volume": 23203283.0, "trend": 13.358213, "fair_value": 16.743188, "relative_strength": 1.656713, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.142298, "energy": 31.940796, "activity_lines": [ 12.900822, 13.216765, 13.472584, 13.413494 ] }, { "date": "2023-10-20", "close": 12.23371, "volume": 8022791, "typical_volume": 23365503.65, "trend": 13.293632, "fair_value": 16.671534, "relative_strength": 4.921844, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.631369, "energy": 36.789229, "activity_lines": [ 12.655149, 12.992155, 13.35398, 13.340945 ] }, { "date": "2023-10-27", "close": 12.733046, "volume": 10692645, "typical_volume": 22935887.1, "trend": 13.256681, "fair_value": 16.596693, "relative_strength": 6.886022, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.533689, "energy": 30.448969, "activity_lines": [ 12.641834, 12.893922, 13.28569, 13.304779 ] }, { "date": "2023-11-03", "close": 12.882846, "volume": 9274508, "typical_volume": 22805571.4, "trend": 13.24503, "fair_value": 16.526007, "relative_strength": 7.101597, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.756328, "energy": 36.907401, "activity_lines": [ 12.686441, 12.841083, 13.233379, 13.28066 ] }, { "date": "2023-11-10", "close": 13.17246, "volume": 9168310, "typical_volume": 22817879.95, "trend": 13.248026, "fair_value": 16.46484, "relative_strength": 8.033562, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.762941, "energy": 22.504205, "activity_lines": [ 12.835576, 12.855973, 13.210552, 13.275978 ] }, { "date": "2023-11-17", "close": 13.282314, "volume": 9778715, "typical_volume": 23007191.8, "trend": 13.261342, "fair_value": 16.395245, "relative_strength": 8.866975, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.433978, "energy": 6.958201, "activity_lines": [ 13.029983, 12.91789, 13.199044, 13.27819 ] }, { "date": "2023-11-24", "close": 13.162474, "volume": 8974220, "typical_volume": 22853488.8, "trend": 13.296295, "fair_value": 16.333631, "relative_strength": 9.382792, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.070789, "energy": 17.624015, "activity_lines": [ 13.130516, 12.96274, 13.175599, 13.271812 ] }, { "date": "2023-12-01", "close": 13.222393, "volume": 10695080, "typical_volume": 23031697.8, "trend": 13.313273, "fair_value": 16.268505, "relative_strength": 11.043089, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.443214, "energy": 17.761155, "activity_lines": [ 13.189105, 13.019573, 13.160001, 13.267044 ] }, { "date": "2023-12-08", "close": 12.473391, "volume": 22162420, "typical_volume": 23795775.0, "trend": 13.297294, "fair_value": 16.194683, "relative_strength": 6.530278, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.002063, "energy": 20.184691, "activity_lines": [ 12.965402, 12.933506, 13.073164, 13.212858 ] }, { "date": "2023-12-15", "close": 13.122527, "volume": 15691000, "typical_volume": 24171111.0, "trend": 13.297294, "fair_value": 16.104586, "relative_strength": 13.831785, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.056098, "energy": 16.62583, "activity_lines": [ 12.985376, 12.975087, 13.052858, 13.201583 ] }, { "date": "2023-12-22", "close": 12.593231, "volume": 13588159, "typical_volume": 20861114.5, "trend": 13.281981, "fair_value": 16.022974, "relative_strength": 10.879248, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.760089, "energy": 33.267469, "activity_lines": [ 12.832246, 12.9237, 12.983379, 13.156159 ] }, { "date": "2023-12-29", "close": 12.563272, "volume": 9184615, "typical_volume": 17684497.9, "trend": 13.273659, "fair_value": 15.941681, "relative_strength": 6.931497, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.650085, "energy": 43.842269, "activity_lines": [ 12.715069, 12.864688, 12.92479, 13.109791 ] }, { "date": "2024-01-05", "close": 12.683111, "volume": 8070996, "typical_volume": 16289629.1, "trend": 13.26001, "fair_value": 15.853876, "relative_strength": 12.415609, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.242417, "energy": 35.948378, "activity_lines": [ 12.677785, 12.821473, 12.885366, 13.071691 ] }, { "date": "2024-01-12", "close": 12.533312, "volume": 9492963, "typical_volume": 15691719.75, "trend": 13.235043, "fair_value": 15.779799, "relative_strength": 12.141012, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.6321, "energy": 44.685626, "activity_lines": [ 12.626521, 12.751929, 12.836669, 13.024807 ] }, { "date": "2024-01-19", "close": 11.594561, "volume": 10433216, "typical_volume": 14500217.7, "trend": 13.176455, "fair_value": 15.711583, "relative_strength": 5.923873, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.700503, "energy": 63.006601, "activity_lines": [ 12.258344, 12.518059, 12.704179, 12.91897 ] }, { "date": "2024-01-26", "close": 11.954082, "volume": 19084939, "typical_volume": 12201130.05, "trend": 13.135842, "fair_value": 15.647715, "relative_strength": 9.094259, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.950915, "energy": 55.906605, "activity_lines": [ 12.111872, 12.378245, 12.620528, 12.840107 ] }, { "date": "2024-02-02", "close": 9.577248, "volume": 53318697, "typical_volume": 13573267.9, "trend": 13.001355, "fair_value": 15.566759, "relative_strength": -5.05299, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.635912, "energy": 78.278951, "activity_lines": [ 11.215732, 11.830429, 12.318074, 12.61052 ] }, { "date": "2024-02-09", "close": 7.33024, "volume": 41302426, "typical_volume": 14880003.9, "trend": 12.804284, "fair_value": 15.48647, "relative_strength": -33.333813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.586739, "energy": 91.658766, "activity_lines": [ 9.769658, 10.939252, 11.818977, 12.244642 ] }, { "date": "2024-02-23", "close": 9.517327, "volume": 58423952, "typical_volume": 17403216.5, "trend": 12.672792, "fair_value": 15.422628, "relative_strength": -15.675025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.959754, "energy": 79.043333, "activity_lines": [ 9.409471, 10.552858, 11.554472, 12.03258 ] }, { "date": "2024-03-01", "close": 9.367527, "volume": 40825706, "typical_volume": 18992700.8, "trend": 12.53897, "fair_value": 15.360891, "relative_strength": -19.997716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.709143, "energy": 77.923217, "activity_lines": [ 9.200416, 10.192973, 11.292297, 11.819337 ] }, { "date": "2024-03-08", "close": 9.057939, "volume": 18235580, "typical_volume": 19321046.9, "trend": 12.324922, "fair_value": 15.285036, "relative_strength": -21.868579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.841156, "energy": 70.133904, "activity_lines": [ 9.036634, 9.845073, 11.019375, 11.594755 ] }, { "date": "2024-03-15", "close": 9.657141, "volume": 16225300, "typical_volume": 19731172.35, "trend": 12.17379, "fair_value": 15.203634, "relative_strength": -18.528289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.365931, "energy": 48.081645, "activity_lines": [ 9.265662, 9.670396, 10.819783, 11.42264 ] }, { "date": "2024-03-22", "close": 9.896822, "volume": 16611588, "typical_volume": 20027119.5, "trend": 12.04596, "fair_value": 15.112529, "relative_strength": -15.758893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.37911, "energy": 40.324555, "activity_lines": [ 9.569258, 9.592137, 10.655288, 11.275739 ] }, { "date": "2024-03-29", "close": 9.886835, "volume": 13171429, "typical_volume": 20221965.55, "trend": 11.918463, "fair_value": 15.030556, "relative_strength": -14.093907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.545161, "energy": 31.582825, "activity_lines": [ 9.698419, 9.562721, 10.503348, 11.13644 ] }, { "date": "2024-04-05", "close": 9.856875, "volume": 8983547, "typical_volume": 20212727.4, "trend": 11.758343, "fair_value": 14.94424, "relative_strength": -15.43704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.625273, "energy": 25.783976, "activity_lines": [ 9.79296, 9.575976, 10.36282, 11.003434 ] }, { "date": "2024-04-12", "close": 9.107872, "volume": 15659959, "typical_volume": 20506789.6, "trend": 11.61054, "fair_value": 14.866597, "relative_strength": -19.002161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.102584, "energy": 29.194129, "activity_lines": [ 9.60521, 9.484643, 10.166748, 10.832436 ] }, { "date": "2024-04-19", "close": 8.069255, "volume": 30994165, "typical_volume": 21607786.85, "trend": 11.438769, "fair_value": 14.792195, "relative_strength": -28.38223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.768706, "energy": 41.505275, "activity_lines": [ 9.067925, 9.25622, 9.891638, 10.603966 ] }, { "date": "2024-04-26", "close": 8.179109, "volume": 22407244, "typical_volume": 22193395.05, "trend": 11.282976, "fair_value": 14.721435, "relative_strength": -28.564641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.591776, "energy": 45.085613, "activity_lines": [ 8.673118, 9.075189, 9.651244, 10.393666 ] }, { "date": "2024-05-03", "close": 8.498684, "volume": 9398375, "typical_volume": 21555192.8, "trend": 11.132843, "fair_value": 14.652277, "relative_strength": -26.527182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.278403, "energy": 53.974334, "activity_lines": [ 8.499349, 8.936827, 9.465301, 10.214034 ] }, { "date": "2024-05-10", "close": 8.728377, "volume": 34301357, "typical_volume": 22485710.65, "trend": 10.980379, "fair_value": 14.586251, "relative_strength": -25.39229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.424509, "energy": 62.731887, "activity_lines": [ 8.494689, 8.858749, 9.320161, 10.058907 ] }, { "date": "2024-05-17", "close": 9.187766, "volume": 20346662, "typical_volume": 22823635.8, "trend": 10.870858, "fair_value": 14.523809, "relative_strength": -21.020983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.052538, "energy": 52.172203, "activity_lines": [ 8.718391, 8.875818, 9.239697, 9.943255 ] }, { "date": "2024-05-24", "close": 8.56859, "volume": 14932587, "typical_volume": 23111034.4, "trend": 10.748688, "fair_value": 14.459314, "relative_strength": -23.770893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.714273, "energy": 48.828759, "activity_lines": [ 8.730375, 8.777948, 9.11648, 9.794721 ] }, { "date": "2024-05-31", "close": 8.318923, "volume": 23063600, "typical_volume": 23860664.6, "trend": 10.60155, "fair_value": 14.39341, "relative_strength": -25.168184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.08161, "energy": 43.842611, "activity_lines": [ 8.625847, 8.654476, 8.988507, 9.637962 ] }, { "date": "2024-06-07", "close": 7.529974, "volume": 20889900, "typical_volume": 24430511.45, "trend": 10.423121, "fair_value": 14.320404, "relative_strength": -31.06657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.526532, "energy": 51.698774, "activity_lines": [ 8.249016, 8.416248, 8.806179, 9.439796 ] }, { "date": "2024-06-14", "close": 7.53996, "volume": 9139928, "typical_volume": 24365847.05, "trend": 10.235371, "fair_value": 14.244142, "relative_strength": -30.524463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.547682, "energy": 65.391287, "activity_lines": [ 7.940094, 8.222687, 8.648627, 9.253786 ] }, { "date": "2024-06-21", "close": 7.709734, "volume": 15786101, "typical_volume": 24200905.15, "trend": 10.049618, "fair_value": 14.17114, "relative_strength": -27.036811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.805844, "energy": 62.915133, "activity_lines": [ 7.766991, 8.102121, 8.526551, 9.090841 ] }, { "date": "2024-06-28", "close": 7.55, "volume": 16319947, "typical_volume": 22350967.65, "trend": 9.862536, "fair_value": 14.09871, "relative_strength": -26.405344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.032426, "energy": 63.972319, "activity_lines": [ 7.639179, 7.977932, 8.409474, 8.929576 ] }, { "date": "2024-07-05", "close": 7.4, "volume": 13963089, "typical_volume": 20984000.8, "trend": 9.668456, "fair_value": 14.02665, "relative_strength": -26.180569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.902433, "energy": 53.97355, "activity_lines": [ 7.529273, 7.835912, 8.287765, 8.770702 ] }, { "date": "2024-07-12", "close": 7.47, "volume": 13404142, "typical_volume": 18733010.3, "trend": 9.501676, "fair_value": 13.956637, "relative_strength": -26.336303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.190343, "energy": 47.578918, "activity_lines": [ 7.503962, 7.720784, 8.17239, 8.628866 ] }, { "date": "2024-07-19", "close": 7.03, "volume": 11535100, "typical_volume": 17268480.0, "trend": 9.298592, "fair_value": 13.871144, "relative_strength": -30.560609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.654012, "energy": 54.032758, "activity_lines": [ 7.335982, 7.54436, 8.02486, 8.469403 ] }, { "date": "2024-07-26", "close": 7.49, "volume": 16351853, "typical_volume": 17174293.65, "trend": 9.128485, "fair_value": 13.793395, "relative_strength": -22.935114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.399364, "energy": 47.470471, "activity_lines": [ 7.355333, 7.482452, 7.93227, 8.35272 ] }, { "date": "2024-08-02", "close": 7.67, "volume": 24454579, "typical_volume": 17585757.6, "trend": 8.965375, "fair_value": 13.723193, "relative_strength": -20.217545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.248451, "energy": 40.465387, "activity_lines": [ 7.449333, 7.48414, 7.864289, 8.258624 ] }, { "date": "2024-08-09", "close": 7.83, "volume": 21179121, "typical_volume": 17814134.25, "trend": 8.803605, "fair_value": 13.653889, "relative_strength": -16.341363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.592119, "energy": 30.74334, "activity_lines": [ 7.588667, 7.531256, 7.821009, 8.185374 ] }, { "date": "2024-08-16", "close": 7.68, "volume": 18288126, "typical_volume": 18069969.1, "trend": 8.641828, "fair_value": 13.586821, "relative_strength": -17.02244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.107469, "energy": 22.315414, "activity_lines": [ 7.649333, 7.55999, 7.773286, 8.112884 ] }, { "date": "2024-08-23", "close": 7.1, "volume": 12989924, "typical_volume": 18270287.95, "trend": 8.492009, "fair_value": 13.516802, "relative_strength": -21.163616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.285357, "energy": 27.849166, "activity_lines": [ 7.502667, 7.480541, 7.680833, 8.013411 ] }, { "date": "2024-08-30", "close": 7.68, "volume": 22860107, "typical_volume": 18630295.35, "trend": 8.34954, "fair_value": 13.457533, "relative_strength": -15.849771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.435789, "energy": 21.819955, "activity_lines": [ 7.544667, 7.514545, 7.656746, 7.961023 ] }, { "date": "2024-09-06", "close": 7.4, "volume": 10318345, "typical_volume": 17596504.35, "trend": 8.276965, "fair_value": 13.398324, "relative_strength": -15.952659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.415349, "energy": 30.34337, "activity_lines": [ 7.480667, 7.498182, 7.612792, 7.899762 ] }, { "date": "2024-09-13", "close": 9.82, "volume": 71181798, "typical_volume": 20035232.05, "trend": 8.359957, "fair_value": 13.361021, "relative_strength": 13.719369, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 15.697962, "energy": 17.952742, "activity_lines": [ 8.241333, 7.924545, 7.802501, 7.999313 ] }, { "date": "2024-09-20", "close": 8.71, "volume": 70645564, "typical_volume": 23097591.5, "trend": 8.333046, "fair_value": 13.318585, "relative_strength": 0.090129, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.829394, "energy": 27.139379, "activity_lines": [ 8.499333, 8.105091, 7.878682, 8.021897 ] }, { "date": "2024-09-27", "close": 9.79, "volume": 101410420, "typical_volume": 26453044.65, "trend": 8.347129, "fair_value": 13.280962, "relative_strength": -4.114645, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.430454, "energy": 54.361469, "activity_lines": [ 9.048667, 8.459455, 8.056713, 8.115894 ] }, { "date": "2024-10-04", "close": 11.34, "volume": 24343681, "typical_volume": 26652895.6, "trend": 8.423197, "fair_value": 13.250334, "relative_strength": 0.723273, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.765491, "energy": 76.045917, "activity_lines": [ 9.935333, 9.045455, 8.377309, 8.308982 ] }, { "date": "2024-10-11", "close": 10.37, "volume": 77587057, "typical_volume": 29785619.1, "trend": 8.446959, "fair_value": 13.209908, "relative_strength": -3.101607, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.734953, "energy": 66.40089, "activity_lines": [ 10.254667, 9.385091, 8.595275, 8.434582 ] }, { "date": "2024-10-18", "close": 10.67, "volume": 49206665, "typical_volume": 31092772.35, "trend": 8.472732, "fair_value": 13.174026, "relative_strength": -2.789853, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.333114, "energy": 77.820968, "activity_lines": [ 10.476, 9.730182, 8.833234, 8.578004 ] }, { "date": "2024-10-25", "close": 10.95, "volume": 40005164, "typical_volume": 32048535.55, "trend": 8.508171, "fair_value": 13.142944, "relative_strength": -2.263217, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.979894, "energy": 76.864258, "activity_lines": [ 10.734, 10.074545, 9.086664, 8.737828 ] }, { "date": "2024-11-01", "close": 10.37, "volume": 55931746, "typical_volume": 34388126.45, "trend": 8.525275, "fair_value": 13.110957, "relative_strength": -5.448574, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.888469, "energy": 50.596072, "activity_lines": [ 10.649333, 10.254, 9.26857, 8.857946 ] }, { "date": "2024-11-08", "close": 11.21, "volume": 39721256, "typical_volume": 35584884.2, "trend": 8.595346, "fair_value": 13.079559, "relative_strength": -3.72156, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.298223, "energy": 51.177375, "activity_lines": [ 10.806, 10.526727, 9.517, 9.031154 ] }, { "date": "2024-11-15", "close": 12.41, "volume": 67132091, "typical_volume": 38125491.4, "trend": 8.740037, "fair_value": 13.056366, "relative_strength": 11.01616, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.385735, "energy": 56.410496, "activity_lines": [ 11.371333, 10.953455, 9.863048, 9.277261 ] }, { "date": "2024-11-22", "close": 11.15, "volume": 64787831, "typical_volume": 40666728.5, "trend": 8.839067, "fair_value": 13.028164, "relative_strength": 3.21065, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.89386, "energy": 46.156122, "activity_lines": [ 11.380667, 11.06, 10.065952, 9.432742 ] }, { "date": "2024-11-29", "close": 11.38, "volume": 35004962, "typical_volume": 41746769.5, "trend": 8.935111, "fair_value": 12.997664, "relative_strength": 4.135735, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.312614, "energy": 45.210599, "activity_lines": [ 11.434667, 11.184182, 10.272905, 9.596673 ] }, { "date": "2024-12-06", "close": 13.08, "volume": 60375706, "typical_volume": 44188799.8, "trend": 9.080165, "fair_value": 12.985095, "relative_strength": 18.026348, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.699332, "energy": 52.135477, "activity_lines": [ 12.026667, 11.568909, 10.623143, 9.864086 ] }, { "date": "2024-12-13", "close": 12.13, "volume": 63758866, "typical_volume": 46559150.45, "trend": 9.178239, "fair_value": 12.965094, "relative_strength": 10.612763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.63104, "energy": 45.908936, "activity_lines": [ 12.121333, 11.721091, 10.854095, 10.060849 ] }, { "date": "2024-12-20", "close": 11.35, "volume": 27975198, "typical_volume": 46735181.4, "trend": 9.270953, "fair_value": 12.933954, "relative_strength": 4.799895, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.524931, "energy": 41.579685, "activity_lines": [ 11.894667, 11.717091, 10.988667, 10.200963 ] }, { "date": "2024-12-27", "close": 10.35, "volume": 27454925, "typical_volume": 47048971.6, "trend": 9.338656, "fair_value": 12.900369, "relative_strength": -3.835715, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.642925, "energy": 29.407126, "activity_lines": [ 11.405333, 11.513455, 11.010476, 10.270579 ] }, { "date": "2025-01-03", "close": 9.05, "volume": 18162501, "typical_volume": 47042690.35, "trend": 9.389323, "fair_value": 12.853974, "relative_strength": -8.729687, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.242504, "energy": 15.015571, "activity_lines": [ 10.536, 11.079273, 10.896476, 10.251956 ] }, { "date": "2025-01-10", "close": 9.07, "volume": 21163915, "typical_volume": 47451389.9, "trend": 9.440324, "fair_value": 12.809051, "relative_strength": -6.75027, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.833095, "energy": 22.838797, "activity_lines": [ 9.828667, 10.683273, 10.777857, 10.231354 ] }, { "date": "2025-01-17", "close": 9.43, "volume": 17486300, "typical_volume": 47182699.55, "trend": 9.497667, "fair_value": 12.767394, "relative_strength": -5.685562, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.623462, "energy": 25.11356, "activity_lines": [ 9.508667, 10.376364, 10.684143, 10.230688 ] }, { "date": "2025-01-24", "close": 9.34, "volume": 18221020, "typical_volume": 47577833.3, "trend": 9.557333, "fair_value": 12.723114, "relative_strength": -7.029603, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.172869, "energy": 36.228872, "activity_lines": [ 9.338667, 10.085455, 10.573524, 10.220516 ] }, { "date": "2025-01-31", "close": 9.35, "volume": 3129850, "typical_volume": 44175235.9, "trend": 9.622333, "fair_value": 12.678834, "relative_strength": -4.846007, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.820599, "energy": 41.55724, "activity_lines": [ 9.306, 9.852182, 10.454619, 10.20714 ] }, { "date": "2025-02-07", "close": 10.02, "volume": 14185414, "typical_volume": 41352228.4, "trend": 9.707333, "fair_value": 12.638786, "relative_strength": -1.6042, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.240787, "energy": 20.200464, "activity_lines": [ 9.563333, 9.773455, 10.401762, 10.232796 ] }, { "date": "2025-02-14", "close": 10.18, "volume": 17794158, "typical_volume": 37171415.3, "trend": 9.812333, "fair_value": 12.600338, "relative_strength": -1.873453, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.127463, "energy": 9.84005, "activity_lines": [ 9.809333, 9.748545, 10.357905, 10.26329 ] }, { "date": "2025-02-21", "close": 10.18, "volume": 21744840, "typical_volume": 37041473.25, "trend": 9.902, "fair_value": 12.560868, "relative_strength": -3.796951, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 1.502693, "energy": 6.000342, "activity_lines": [ 9.981333, 9.776364, 10.31219, 10.287011 ] }, { "date": "2025-02-28", "close": 9.92, "volume": 23535440, "typical_volume": 34338892.4, "trend": 9.977, "fair_value": 12.533285, "relative_strength": -2.783046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.114656, "energy": 9.458236, "activity_lines": [ 10.016667, 9.792364, 10.247238, 10.288172 ] }, { "date": "2025-03-07", "close": 10.24, "volume": 29011500, "typical_volume": 33329134.15, "trend": 10.057333, "fair_value": 12.507625, "relative_strength": -1.754442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.618732, "energy": 9.518042, "activity_lines": [ 10.12, 9.892545, 10.214905, 10.30514 ] }, { "date": "2025-03-14", "close": 10.95, "volume": 49861780, "typical_volume": 33821964.95, "trend": 10.166333, "fair_value": 12.480124, "relative_strength": 3.784678, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.145603, "energy": 16.017064, "activity_lines": [ 10.400667, 10.123818, 10.252238, 10.362731 ] }, { "date": "2025-03-21", "close": 10.62, "volume": 23316574, "typical_volume": 32191206.35, "trend": 10.283667, "fair_value": 12.455174, "relative_strength": 3.480042, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.104094, "energy": 18.270168, "activity_lines": [ 10.509333, 10.260545, 10.258143, 10.392 ] }, { "date": "2025-03-28", "close": 9.81, "volume": 23187858, "typical_volume": 31364536.45, "trend": 10.354667, "fair_value": 12.422219, "relative_strength": -3.444293, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.925569, "energy": 9.517399, "activity_lines": [ 10.318667, 10.221818, 10.185714, 10.361441 ] }, { "date": "2025-04-04", "close": 10.01, "volume": 11311276, "typical_volume": 28573495.7, "trend": 10.441667, "fair_value": 12.399752, "relative_strength": 0.956421, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.779969, "energy": 13.185465, "activity_lines": [ 10.219333, 10.212545, 10.139, 10.339204 ] }, { "date": "2025-04-11", "close": 9.03, "volume": 24289212, "typical_volume": 26548564.75, "trend": 10.415333, "fair_value": 12.365569, "relative_strength": -3.874498, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.442279, "energy": 42.504024, "activity_lines": [ 9.787333, 10.012909, 10.010381, 10.248129 ] }, { "date": "2025-04-18", "close": 9.42, "volume": 15039360, "typical_volume": 25550284.65, "trend": 10.439, "fair_value": 12.327748, "relative_strength": 0.62897, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.507664, "energy": 56.103865, "activity_lines": [ 9.566, 9.89, 9.929, 10.183914 ] }, { "date": "2025-04-25", "close": 9.41, "volume": 11076400, "typical_volume": 23085319.35, "trend": 10.426333, "fair_value": 12.288009, "relative_strength": -1.018725, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.117133, "energy": 59.843731, "activity_lines": [ 9.443333, 9.776182, 9.856, 10.117527 ] }, { "date": "2025-05-02", "close": 9.65, "volume": 9287512, "typical_volume": 20361751.65, "trend": 10.37, "fair_value": 12.247571, "relative_strength": 1.502741, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.425314, "energy": 55.22132, "activity_lines": [ 9.481333, 9.72, 9.823333, 10.067441 ] }, { "date": "2025-05-09", "close": 10.03, "volume": 15190260, "typical_volume": 19722504.75, "trend": 10.358667, "fair_value": 12.208226, "relative_strength": 2.942056, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.817605, "energy": 28.632454, "activity_lines": [ 9.656667, 9.742545, 9.838667, 10.045505 ] }, { "date": "2025-05-16", "close": 10.0, "volume": 13388101, "typical_volume": 19019163.55, "trend": 10.336333, "fair_value": 12.161783, "relative_strength": 2.028528, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.785192, "energy": 16.0735, "activity_lines": [ 9.820667, 9.757636, 9.857429, 10.022366 ] }, { "date": "2025-05-23", "close": 10.25, "volume": 21877850, "typical_volume": 19204931.0, "trend": 10.313, "fair_value": 12.11202, "relative_strength": 4.851782, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.192626, "energy": 14.156371, "activity_lines": [ 10.003333, 9.822545, 9.901667, 10.016796 ] }, { "date": "2025-05-30", "close": 10.53, "volume": 13232960, "typical_volume": 18808383.25, "trend": 10.318333, "fair_value": 12.05964, "relative_strength": 8.354261, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.090717, "energy": 16.187732, "activity_lines": [ 10.224, 9.951091, 9.966857, 10.030796 ] }, { "date": "2025-06-06", "close": 10.78, "volume": 11648327, "typical_volume": 18516484.6, "trend": 10.304, "fair_value": 11.998889, "relative_strength": 8.838549, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.020407, "energy": 27.726119, "activity_lines": [ 10.453333, 10.126727, 10.048905, 10.060581 ] }, { "date": "2025-06-13", "close": 10.96, "volume": 19851947, "typical_volume": 18598030.95, "trend": 10.255667, "fair_value": 11.940059, "relative_strength": 10.742699, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.372542, "energy": 51.307123, "activity_lines": [ 10.667333, 10.317455, 10.141667, 10.102903 ] }, { "date": "2025-06-20", "close": 11.03, "volume": 22276700, "typical_volume": 19555373.45, "trend": 10.251667, "fair_value": 11.888327, "relative_strength": 12.198233, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.199886, "energy": 56.571191, "activity_lines": [ 10.842667, 10.503636, 10.233381, 10.15286 ] }, { "date": "2025-06-27", "close": 12.36, "volume": 70820172, "typical_volume": 22387111.35, "trend": 10.284333, "fair_value": 11.836042, "relative_strength": 20.406487, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.860729, "energy": 80.717468, "activity_lines": [ 11.392667, 10.895273, 10.443762, 10.288882 ] }, { "date": "2025-07-04", "close": 11.7, "volume": 66971208, "typical_volume": 24845963.85, "trend": 10.238333, "fair_value": 11.78704, "relative_strength": 11.99351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.27591, "energy": 73.788074, "activity_lines": [ 11.582, 11.113455, 10.580143, 10.380215 ] }, { "date": "2025-07-11", "close": 12.15, "volume": 33556318, "typical_volume": 25436537.75, "trend": 10.239, "fair_value": 11.746749, "relative_strength": 13.62162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.228345, "energy": 82.130599, "activity_lines": [ 11.843333, 11.371818, 10.752143, 10.503548 ] }, { "date": "2025-07-18", "close": 12.04, "volume": 23414369, "typical_volume": 25430484.2, "trend": 10.262, "fair_value": 11.708697, "relative_strength": 9.685002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.202617, "energy": 79.44432, "activity_lines": [ 11.976667, 11.564727, 10.904286, 10.619742 ] }, { "date": "2025-07-25", "close": 13.74, "volume": 83523486, "typical_volume": 28156083.5, "trend": 10.375, "fair_value": 11.683143, "relative_strength": 21.487829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.912972, "energy": 82.978313, "activity_lines": [ 12.604667, 12.030182, 11.208238, 10.844129 ] }, { "date": "2025-08-01", "close": 14.3, "volume": 52907345, "typical_volume": 28308361.75, "trend": 10.55, "fair_value": 11.663612, "relative_strength": 27.494439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.202874, "energy": 88.986413, "activity_lines": [ 13.238667, 12.529455, 11.548857, 11.097355 ] }, { "date": "2025-08-08", "close": 14.16, "volume": 36164579, "typical_volume": 28950762.0, "trend": 10.719667, "fair_value": 11.642799, "relative_strength": 23.895329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.452279, "energy": 85.254457, "activity_lines": [ 13.696667, 12.929636, 11.86019, 11.330258 ] }, { "date": "2025-08-15", "close": 14.15, "volume": 27316754, "typical_volume": 29157206.8, "trend": 10.877, "fair_value": 11.621794, "relative_strength": 17.769656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.166553, "energy": 83.187514, "activity_lines": [ 13.987333, 13.262, 12.153714, 11.55157 ] }, { "date": "2025-08-22", "close": 14.5, "volume": 26757139, "typical_volume": 29929499.95, "trend": 11.049, "fair_value": 11.606233, "relative_strength": 14.719183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.443613, "energy": 81.580705, "activity_lines": [ 14.261333, 13.596727, 12.459905, 11.785312 ] }, { "date": "2025-08-29", "close": 13.78, "volume": 39486481, "typical_volume": 30689363.4, "trend": 11.196667, "fair_value": 11.593611, "relative_strength": 4.151902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.780854, "energy": 56.847679, "activity_lines": [ 14.131333, 13.736182, 12.676143, 11.961505 ] }, { "date": "2025-09-05", "close": 14.15, "volume": 34778558, "typical_volume": 31676323.3, "trend": 11.334333, "fair_value": 11.582016, "relative_strength": 7.421662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.339333, "energy": 51.21303, "activity_lines": [ 14.122, 13.892909, 12.905, 12.152043 ] }, { "date": "2025-09-12", "close": 14.65, "volume": 21395756, "typical_volume": 32192291.1, "trend": 11.483333, "fair_value": 11.577596, "relative_strength": 8.539479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.403962, "energy": 51.137986, "activity_lines": [ 14.289333, 14.108, 13.158952, 12.365957 ] }, { "date": "2025-09-19", "close": 14.67, "volume": 25772562, "typical_volume": 33016543.6, "trend": 11.633, "fair_value": 11.580602, "relative_strength": 7.381095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.918376, "energy": 47.26098, "activity_lines": [ 14.430667, 14.273091, 13.389857, 12.571548 ] }, { "date": "2025-09-26", "close": 14.39, "volume": 21229666, "typical_volume": 33318513.9, "trend": 11.782, "fair_value": 11.580468, "relative_strength": 4.114122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.510209, "energy": 45.635831, "activity_lines": [ 14.444, 14.341455, 13.57019, 12.749419 ] }, { "date": "2025-10-03", "close": 14.81, "volume": 10363200, "typical_volume": 33167268.85, "trend": 11.934333, "fair_value": 11.584948, "relative_strength": 4.60319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.599545, "energy": 47.867431, "activity_lines": [ 14.604667, 14.443455, 13.769762, 12.944774 ] }, { "date": "2025-10-10", "close": 14.23, "volume": 12224061, "typical_volume": 32684579.4, "trend": 12.043667, "fair_value": 11.590127, "relative_strength": 1.729245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.139933, "energy": 40.681061, "activity_lines": [ 14.503333, 14.420545, 13.89119, 13.092882 ] }, { "date": "2025-10-17", "close": 13.75, "volume": 17325976, "typical_volume": 32889230.2, "trend": 12.148, "fair_value": 11.593253, "relative_strength": 3.359326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.135433, "energy": 28.003866, "activity_lines": [ 14.236667, 14.311636, 13.947952, 13.202968 ] }, { "date": "2025-10-24", "close": 14.6, "volume": 16018355, "typical_volume": 33107731.6, "trend": 12.307667, "fair_value": 11.597218, "relative_strength": 4.662046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.26887, "energy": 30.488788, "activity_lines": [ 14.313333, 14.364727, 14.070333, 13.361161 ] }, { "date": "2025-10-31", "close": 14.33, "volume": 16952750, "typical_volume": 32962771.75, "trend": 12.451667, "fair_value": 11.599453, "relative_strength": 1.89481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.02475, "energy": 24.382533, "activity_lines": [ 14.304667, 14.360545, 14.14881, 13.491634 ] }, { "date": "2025-11-07", "close": 14.97, "volume": 19090700, "typical_volume": 32803471.75, "trend": 12.649667, "fair_value": 11.609311, "relative_strength": 6.022116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.032249, "energy": 35.24891, "activity_lines": [ 14.513333, 14.475818, 14.27219, 13.654108 ] }, { "date": "2025-11-14", "close": 16.65, "volume": 35972973, "typical_volume": 31061111.8, "trend": 12.890667, "fair_value": 11.632243, "relative_strength": 19.368606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.086196, "energy": 66.021029, "activity_lines": [ 15.271333, 14.874909, 14.53681, 13.912194 ] }, { "date": "2025-11-21", "close": 15.88, "volume": 39887483, "typical_volume": 29706925.55, "trend": 13.106333, "fair_value": 11.640893, "relative_strength": 19.572004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.151473, "energy": 63.042103, "activity_lines": [ 15.611333, 15.088545, 14.707667, 14.105054 ] }, { "date": "2025-11-28", "close": 18.610001, "volume": 41025703, "typical_volume": 30080394.8, "trend": 13.405, "fair_value": 11.666274, "relative_strength": 34.433845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.271289, "energy": 87.784035, "activity_lines": [ 16.719334, 15.776182, 15.118619, 14.460129 ] }, { "date": "2025-12-05", "close": 16.93, "volume": 24636500, "typical_volume": 30141501.35, "trend": 13.635, "fair_value": 11.684792, "relative_strength": 20.611709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.393329, "energy": 78.518328, "activity_lines": [ 17.0, 16.086727, 15.33881, 14.687548 ] }, { "date": "2025-12-12", "close": 15.78, "volume": 16622100, "typical_volume": 26796432.05, "trend": 13.827667, "fair_value": 11.696769, "relative_strength": 11.364517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.924081, "energy": 59.419889, "activity_lines": [ 16.724, 16.142, 15.426191, 14.825936 ] }, { "date": "2025-12-19", "close": 16.209999, "volume": 16414060, "typical_volume": 24971767.8, "trend": 14.026333, "fair_value": 11.710415, "relative_strength": 15.080558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.887452, "energy": 47.017724, "activity_lines": [ 16.537333, 16.257818, 15.54481, 14.979634 ] }, { "date": "2025-12-26", "close": 15.89, "volume": 13698900, "typical_volume": 23848483.85, "trend": 14.205, "fair_value": 11.724506, "relative_strength": 8.579773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.418982, "energy": 28.730187, "activity_lines": [ 16.273333, 16.279454, 15.623857, 15.099871 ] }, { "date": "2026-01-02", "close": 16.030001, "volume": 8609700, "typical_volume": 22913131.15, "trend": 14.38, "fair_value": 11.738727, "relative_strength": 9.64439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.810073, "energy": 20.494226, "activity_lines": [ 16.055333, 16.287636, 15.708, 15.217613 ] }, { "date": "2026-01-09", "close": 16.610001, "volume": 19327480, "typical_volume": 22541648.2, "trend": 14.568333, "fair_value": 11.763131, "relative_strength": 8.340399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.029773, "energy": 24.70811, "activity_lines": [ 16.202667, 16.375273, 15.838429, 15.361484 ] }, { "date": "2026-01-16", "close": 17.01, "volume": 32254300, "typical_volume": 22180039.15, "trend": 14.767667, "fair_value": 11.791252, "relative_strength": 9.190438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.25775, "energy": 32.723389, "activity_lines": [ 16.504667, 16.494182, 15.996905, 15.519011 ] }, { "date": "2026-01-23", "close": 15.97, "volume": 28459946, "typical_volume": 21864108.55, "trend": 14.888, "fair_value": 11.810273, "relative_strength": 1.034992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.858019, "energy": 24.080632, "activity_lines": [ 16.378, 16.386909, 16.040953, 15.596581 ] }, { "date": "2026-01-30", "close": 14.11, "volume": 51611260, "typical_volume": 23374883.75, "trend": 14.968333, "fair_value": 11.817883, "relative_strength": -9.379022, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.20884, "energy": 6.84031, "activity_lines": [ 15.647334, 15.953818, 15.899191, 15.546387 ] }, { "date": "2026-02-06", "close": 14.0, "volume": 37680090, "typical_volume": 23970260.15, "trend": 15.03, "fair_value": 11.82274, "relative_strength": -8.246698, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.958601, "energy": 19.781662, "activity_lines": [ 14.998667, 15.532909, 15.749524, 15.483914 ] }, { "date": "2026-02-13", "close": 14.22, "volume": 19966922, "typical_volume": 23907122.95, "trend": 15.102667, "fair_value": 11.827278, "relative_strength": -8.182462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.174476, "energy": 27.921528, "activity_lines": [ 14.558667, 15.235818, 15.624, 15.431656 ] }, { "date": "2026-02-27", "close": 14.16, "volume": 13511600, "typical_volume": 24064542.95, "trend": 15.116667, "fair_value": 11.829063, "relative_strength": -11.139651, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.42918, "energy": 43.394394, "activity_lines": [ 14.258, 14.977091, 15.493572, 15.370839 ] }, { "date": "2026-03-06", "close": 14.05, "volume": 24183100, "typical_volume": 24662494.9, "trend": 15.108333, "fair_value": 11.831296, "relative_strength": -9.9129, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.34988, "energy": 51.055704, "activity_lines": [ 14.110667, 14.727818, 15.355762, 15.302022 ] }, { "date": "2026-03-13", "close": 13.66, "volume": 19917360, "typical_volume": 24792064.1, "trend": 15.091667, "fair_value": 11.831412, "relative_strength": -13.095381, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.684955, "energy": 54.559651, "activity_lines": [ 13.961333, 14.446909, 15.181667, 15.208581 ] }, { "date": "2026-03-20", "close": 12.58, "volume": 21093861, "typical_volume": 25045839.4, "trend": 15.039333, "fair_value": 11.818716, "relative_strength": -17.443343, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.145324, "energy": 64.114095, "activity_lines": [ 13.482, 14.010182, 14.905143, 15.046538 ] }, { "date": "2026-03-27", "close": 13.66, "volume": 39412721, "typical_volume": 26168837.95, "trend": 15.011333, "fair_value": 11.811662, "relative_strength": -9.664821, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.937913, "energy": 60.49992, "activity_lines": [ 13.457333, 13.832545, 14.741095, 14.957548 ] }, { "date": "2026-04-03", "close": 13.26, "volume": 23680400, "typical_volume": 26398322.95, "trend": 14.994, "fair_value": 11.805822, "relative_strength": -9.741909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.273964, "energy": 57.927747, "activity_lines": [ 13.336667, 13.635818, 14.542143, 14.844559 ] }, { "date": "2026-04-10", "close": 13.96, "volume": 21511162, "typical_volume": 25675232.4, "trend": 14.987667, "fair_value": 11.806581, "relative_strength": -11.344641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.250056, "energy": 41.798227, "activity_lines": [ 13.509333, 13.634545, 14.418, 14.77785 ] }, { "date": "2026-04-17", "close": 14.09, "volume": 37397560, "typical_volume": 25550736.25, "trend": 14.969, "fair_value": 11.812078, "relative_strength": -14.023886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.591828, "energy": 26.904244, "activity_lines": [ 13.731333, 13.693455, 14.319048, 14.719936 ] }, { "date": "2026-04-24", "close": 13.67, "volume": 25299020, "typical_volume": 24764402.1, "trend": 14.935667, "fair_value": 11.815844, "relative_strength": -16.82328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.250911, "energy": 24.90258, "activity_lines": [ 13.784667, 13.676364, 14.188619, 14.636129 ] }, { "date": "2026-05-01", "close": 14.74, "volume": 24780600, "typical_volume": 24771607.1, "trend": 14.947333, "fair_value": 11.827749, "relative_strength": -11.34717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.393391, "energy": 18.228988, "activity_lines": [ 14.122, 13.859818, 14.183619, 14.623505 ] }, { "date": "2026-05-08", "close": 15.58, "volume": 20711298, "typical_volume": 24976067.0, "trend": 14.973, "fair_value": 11.849968, "relative_strength": -9.083729, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.970152, "energy": 14.728912, "activity_lines": [ 14.667333, 14.186545, 14.269048, 14.664323 ] }, { "date": "2026-05-15", "close": 15.25, "volume": 29931560, "typical_volume": 25651942.0, "trend": 15.007, "fair_value": 11.86623, "relative_strength": -10.979288, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.777, "energy": 16.522643, "activity_lines": [ 14.948, 14.427455, 14.324, 14.682194 ] }, { "date": "2026-05-22", "close": 14.78, "volume": 21149656, "typical_volume": 26024479.8, "trend": 15.041333, "fair_value": 11.877943, "relative_strength": -13.869328, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.332166, "energy": 19.252532, "activity_lines": [ 14.986, 14.561091, 14.338762, 14.667548 ] }, { "date": "2026-05-29", "close": 13.73, "volume": 22233740, "typical_volume": 26705681.8, "trend": 15.012333, "fair_value": 11.881837, "relative_strength": -19.69174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.118743, "energy": 16.466819, "activity_lines": [ 14.628, 14.483455, 14.25881, 14.582946 ] }, { "date": "2026-06-05", "close": 13.85, "volume": 5452400, "typical_volume": 26011927.8, "trend": 14.996333, "fair_value": 11.886949, "relative_strength": -17.40333, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.235137, "energy": 15.908978, "activity_lines": [ 14.306, 14.406727, 14.201238, 14.507957 ] }, { "date": "2026-06-12", "close": 13.17, "volume": 4687300, "typical_volume": 24633577.8, "trend": 14.936333, "fair_value": 11.889237, "relative_strength": -19.362054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.931954, "energy": 30.997212, "activity_lines": [ 13.816667, 14.202909, 14.092048, 14.390129 ] }, { "date": "2026-06-19", "close": 13.28, "volume": 31552175, "typical_volume": 24788189.25, "trend": 14.824, "fair_value": 11.890439, "relative_strength": -23.760402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.126408, "energy": 37.674377, "activity_lines": [ 13.524667, 14.020727, 14.011619, 14.283269 ] }, { "date": "2026-06-26", "close": 11.37, "volume": 9921100, "typical_volume": 22703681.25, "trend": 14.673667, "fair_value": 11.87818, "relative_strength": -33.246562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.862437, "energy": 73.457998, "activity_lines": [ 12.727333, 13.503636, 13.762095, 14.06043 ] }, { "date": "2026-07-03", "close": 11.69, "volume": 6419030, "typical_volume": 21140628.25, "trend": 14.443, "fair_value": 11.867525, "relative_strength": -30.004499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.927197, "energy": 76.767398, "activity_lines": [ 12.264, 13.094182, 13.556095, 13.867936 ] }, { "date": "2026-07-10", "close": 10.63, "volume": 29034461, "typical_volume": 21594005.2, "trend": 14.233, "fair_value": 11.851227, "relative_strength": -33.535596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.229445, "energy": 83.340668, "activity_lines": [ 11.583333, 12.528, 13.260143, 13.621935 ] }, { "date": "2026-07-17", "close": 11.05, "volume": 47996403, "typical_volume": 23318245.35, "trend": 14.075333, "fair_value": 11.834805, "relative_strength": -23.701017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.819716, "energy": 80.329022, "activity_lines": [ 11.257333, 12.112909, 13.021286, 13.416581 ] }, { "date": "2026-07-24", "close": 9.8, "volume": 40218738, "typical_volume": 24120027.25, "trend": 13.861667, "fair_value": 11.812739, "relative_strength": -32.181649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.361103, "energy": 82.472633, "activity_lines": [ 10.656, 11.552909, 12.67819, 13.140753 ] }, { "date": "2026-07-31", "close": 10.8, "volume": 27215078, "typical_volume": 24484913.15, "trend": 13.692, "fair_value": 11.795674, "relative_strength": -23.574656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.376894, "energy": 70.859305, "activity_lines": [ 10.62, 11.273818, 12.450571, 12.943226 ] }, { "date": "2026-08-07", "close": 11.61, "volume": 24370550, "typical_volume": 24648747.6, "trend": 13.544667, "fair_value": 11.784314, "relative_strength": -21.333558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.542505, "energy": 49.867109, "activity_lines": [ 10.892, 11.214364, 12.313714, 12.808903 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }